Plans to construct a $1 billion plant in Carbon County to turn coal into gasoline may be delayed. The Texas developer behind the coal-to-gas conversion plant has asked state officials for more time to submit a final construction schedule. DKRW Advanced Fuels says it's not clear when its Chinese construction contractor would be able to start work.
Kaeser Compressors, Inc. is proud to announce its association with Gas Monkey Garage, the automotive fabrication and restoration shop featured on Discovery Channel's original series Fast N' Loud.Fast N' Loud features car fanatics Richard Rawlings and Aaron Kaufman as they restore derelict classic cars to their full throttle glory.
Fair’s presentation, “Embrace Change to Optimize the Global Supply Chain,” will take place on Tuesday, May 7, from 9:15-10:15 a.m. and will emphasize the importance of end-to-end supply chain visibility in remaining competitive amidst the evolving global quality landscape.
Suntech, one of the world's biggest solar panel manufacturers, has been forced into bankruptcy court, becoming the latest casualty of a painful slump in the global solar industry. Wednesday's announcement came after Suntech Power Holdings Ltd. missed a deadline last week to make a $541 million payment to bondholders.
Ford Motor Co. will pay $750 million in separation benefits to hourly workers at a Belgian factory it plans to close next year. Ford revealed the cost in a government filing Tuesday. Ford employs 4,000 hourly workers at the Genk plant. Most approved the separation plan last week.
America's lower-income workers have posted the biggest job gains since the deep 2007-09 recession — but few are bragging. As a workforce sector, those earning $35,000 or less annually are generally pessimistic about their finances and career prospects.
General Motors is recalling nearly 34,000 Buicks and Cadillacs in the U.S., Canada and elsewhere to fix a problem with the automatic transmissions. The recall affects Buick LaCrosse full-size cars and Cadillac SRX crossover SUVs from the 2013 model year.
Transocean employees should have done more to detect signs of trouble before the company's drilling rig exploded in the Gulf of Mexico in 2010, killing 11 workers and triggering the nation's worst offshore oil spill, Transocean's chief executive testified Tuesday.
Illinois and Iowa could get into a bidding war over the construction of a $1.2 billion fertilizer production facility. According to Illinois officials, Iowa is offering Cronus Chemical LLC an estimated $35 million in taxpayer subsidies to build a plant in Mitchell County near the Minnesota border, the (Decatur) Herald & Review reported.
Meggitt, manufacturer of accelerometers and vibration sensing products, has added a new reseller for Kentucky and Illinois. Heartland Industrial Solutions LLC will promote and sell Meggitt’s Wilcoxon Research® line of vibration monitoring sensors and accessories in the Midwest region.
A bankruptcy judge has approved the sale of Twinkies to a pair of investment firms, one of which has said it hopes to have the cakes back on shelves by summer. Hostess Brands Inc. is selling Twinkies, Ding Dongs, Ho Hos and other brands to Apollo Global Management and Metropoulos & Co. for $410 million.
Swedish wireless equipment maker Ericsson and Switzerland's STMicroelectronics say they will lay off up to 1,600 workers globally as part of a plan for splitting up their unprofitable joint venture. STMicroelectronics, one of Europe's largest chipmakers, announced in December that it wanted out of ST-Ericsson as it struggled with a downturn in global demand.
As Boeing, its airline customers and federal safety regulators struggled over the past two months to solve problems with the new 787 Dreamliner's fire-plagued batteries, one player has been strangely silent: Congress. Despite the plane's grounding and the safety issues raised by its cutting-edge technology, there have been no congressional hearings or news conferences focusing on the problems.
The U.S. and China began to re-engage Tuesday on knotty issues ranging from economic frictions to North Korea's nuclear program following a months-long hiatus during President Barack Obama's re-election and China's installation of new leaders.
Executives from clean-energy companies asked Oregon lawmakers Monday to continue the state's clean fuels program beyond its expiration in 2015, saying they need the Legislature's blessing to help their budding industry take root. They faced off with oil companies and large-volume fuel users who implored lawmakers to hold off, saying the state is moving too fast and risks raising fuel costs significantly with an unworkable policy.
The president of Mitsubishi Electric Corp. said Tuesday the company is aiming to strengthen its business in emerging markets to boost its ratio of overseas sales by 5 percentage points from the current level to 40 percent in fiscal 2015.
U.S. safety regulators are investigating reports of fuel leaks in about 250,000 Mercedes-Benz E-Class cars. The U.S. National Highway Traffic Safety Administration and Mercedes have received 533 complaints from owners about a strong odor of gasoline, mainly after refueling. The agency says fuel may be leaking from the upper part of the gas tank.
Ryanair has made the biggest-ever order of Boeing planes by a European airline, announcing Tuesday it will buy 175 aircraft in a major boost for the U.S. aerospace giant. Neither side disclosed the purchase price for the 737-800s, but budget carrier Ryanair said it did negotiate a bulk discount off the total list price of $15.6 billion.
Lego is building its first factory in China as part of a plan to move production closer to Asia, its fastest growing market. The Danish maker of colorful plastic building blocks for children said it's investing at least 100 million euros ($130 million) in the new plant. Construction will start in 2014 and it will be fully operational by 2017.
A manufacturer that once worked around the clock — trying not to wake its rural neighbors with evening test track runs — barely has enough work to sustain a second shift. And things are about to get worse. "When I said some areas are dark," Alice Conner said, "I meant it."